1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AfilCa [17]
3 years ago
7

Why does some inflation help people who owe debt?

Social Studies
1 answer:
mrs_skeptik [129]3 years ago
3 0

Answer: A. dollars are worth less and easier to pay

If someone borrows money before inflation kicks in, then the debt would be easier to pay back because the person would earn more (due to higher wages) and be able to pay off the debt faster. This is of course assuming the person pays off the debt as quickly as possible, and does not get distracted with other purchases.

In general, inflation eats at the purchasing power of money. The more money there is in circulation, the less a dollar can purchase. So this is why the value of the dollar goes down.

You might be interested in
Write a paragraph about what you would do at the Great Barrier Reef if you were to visit there. At least five sentences.
aleksley [76]

Answer:

What would I do? Well first I would star by scuba diving. Then I would go fishing, but the fish I am able to catch I would let them swim free. Something else I could do is swim with SHARKS. Finally what I would take awesome/cool and creative picture for my social media, and I can't forget to buy souvenir.

Explanation:

7 0
3 years ago
People in opposition to multiculturalism believe it:
Pani-rosa [81]
People in opposition to multiculturalism believe it <span>brings about a loss of national identity. The correct option among all the options that are given in the question is the third option or the penultimate option or option "3". I hope that this is the answer that has actually come to your desired help.</span>
8 0
3 years ago
Read 2 more answers
FREE POINTS!!! Who was the Marquis de Lafayette? A. a young officer on Washington's staff who captured a British fort during the
Vadim26 [7]
I think It has to be B
6 0
3 years ago
Read 2 more answers
Which characteristic do you think is most important in a president? Is it the president’s profession, education, religion, or so
Lesechka [4]
I think the most important characteristic of a president is their education. The president has to be smart to be able to lead our country well, and know what to do in the state of a crisis. However, they also need to be reasonable, generous, and kind to others. These characteristics will make him treat every American fairly and with respect no matter their background, economic situation, race, religion, etc. and be able to make decisions for America by thinking of how it will affect every American. Therefore, another important characteristic would be the ability to treat citizens fairly.
8 0
3 years ago
Bea was under a great deal of stress at work, and her health had started to suffer. Her doctor treated her using ________; Bea h
Svetach [21]

Answer:

Biofeedback

Explanation:

Hello! Biofeedback is a technique used to learn to control some of the bodily functions. During biofeedback, electrical sensors are connected to the patient that helps receive information about his body. By observing the measurements, Bea can learn how to change these functions by relaxing or fixing pleasurable images in the mind.

8 0
3 years ago
Other questions:
  • Large manufacturing companies like General Mills and Coca-Cola used to be ______________________, that is, they were responsible
    14·1 answer
  • Have you used commonlit before?
    5·1 answer
  • Why was the idea of no taxation without representation so important to the colonists? Plz Answer
    7·1 answer
  • Reasons why anyone should join yo the world wildlife fund
    14·1 answer
  • Amanda blames herself for her recent job loss. Her therapist suggests that her depression results from this blaming of herself r
    7·1 answer
  • Which of the following is the best reason to use cash for making purchases splitting bills with friend , knowing what u spent ,
    13·2 answers
  • Amanda is babysitting when her charge Tomas leaps off a couch onto a glass table and breaks it, leaving him with many cuts. To s
    12·1 answer
  • In what region did the dust bowl occur?
    12·2 answers
  • HELP
    13·1 answer
  • Which of the following is an example of a Power that the President of the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!